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Fortune
Fortune
Sasha Rogelberg

Trump says $1,776 'warrior dividends' were made possible partly by tariff revenue, which still lags $100 billion behind what the White House expected

Trump stands at a podium in the Diplomatic Reception Room, which is adorned with Christmas decorations. (Credit: Doug MILLS/POOL/AFP—Getty Images)

President Donald Trump will dole out more than one million checks to American military personnel as the administration seeks to address Americans’ growing cost-of-living concerns. 

Trump announced in a primetime address on Wednesday a “warrior dividend” for 1.45 million U.S. military personnel to be distributed ahead of the holidays. The announcement of the checks comes as Trump grapples with diminishing approval ratings on the economy and rising concern of an affordability crisis, in part because of the inflationary consequences of his sweeping tariff policy. 

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